FXTPTeam
Short

EURUSD 4H TF - Possible Bearish Gartley

FX:EURUSD   Euro Fx/U.S. Dollar
EURUSD             4H TF - Possible Bearish Gartley . Around the anticipated 1.120 price level, which the whole market is talking about...
Love seeing all the Gartley projections around 1.12 - but since so many are looking to short around that area, I'm thinking it gets us short and then spikes up to around 1.13 before resuming the downtrend:
The case for the continued downtrend in EUR/USD...
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FXTPTeam denovo
Well, could be indeed, and this is why we need to wait for the right confirmation... (;. cheers!
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This may possibly be the case. The anticipated resistance level is near the 1.115, at 1.117. You can see it here: https://www.facebook.com/forextradingprocess.
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Previous structure level will also be respected with the completion of the pattern. It's highly likely that we will see 1.115, and than go back to the 1.09 level, before going any further to the down side.
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